Scotiabank Upgrades Marathon Oil to Sector Outperform, Announces $18 Price Target
Scotiabank analyst Paul Cheng upgrades Marathon Oil (NYSE:MRO) from Sector Perform to Sector Outperform and announces $18 price target.
Recap: Marathon Oil Q2 Earnings
Shares of Marathon Oil (NYSE:MRO) were flat in after-market trading after the company reported Q2 results.
Quarterly Results
Earnings per share were up 136.67% over the past year to $0.22, which beat the estimate of $0.15.
Marathon Oil Q2 EPS $0.22 Beats $0.15 Estimate, Sales $1.14B Beat $1.09B Estimate
Marathon Oil (NYSE:MRO) reported quarterly earnings of $0.22 per share which beat the analyst consensus estimate of $0.15 by 46.67 percent. This is a 136.67 percent increase over losses of $(0.60) per share from the same
Understanding Marathon Oil’s Unusual Options Activity
On Wednesday, shares of Marathon Oil (NYSE:MRO) saw unusual options activity. After the option alert, the stock price moved down to $11.1.
Earnings Scheduled For August 4, 2021
Companies Reporting Before The Bell
• UroGen Pharma (NASDAQ:URGN) is projected to report earnings for its second quarter.
Understanding Marathon Oil’s Unusual Options Activity
On Thursday, shares of Marathon Oil (NYSE:MRO) saw unusual options activity. After the option alert, the stock price moved up to $11.83.
Unusual Options Activity Insight: Marathon Oil
Marathon Oil (NYSE:MRO) shares experienced unusual options activity on Friday. The stock price moved up to $13.14 following the option alert.
10 Best Performing S&P 500 Stocks Of 2021
The S&P 500 continued its late-2020 momentum in the first two quarters of the year, gaining more than 15% year-to-date. Most U.S. investors have had a lot of winners in their portfolios so far this year, but some stocks certainly performed better than others.
Here’s a look at the 10 best-performing stocks in the entire S&P 500 in the first half of 2021.